To the billers in the EU region....will you process for a Gibraltar corp?

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  • p00p
    Confirmed User
    • Dec 2002
    • 5125
    #1

    To the billers in the EU region....will you process for a Gibraltar corp?

    I am setting up a European corp possibly in Gibraltar so I can use Visa in the European region. Is a Gibraltar corp suitable to do this? I just about started the process today. But, the company advising me said that Gibraltar is not in the EU.

    Will Visa in the Eurpoean region accept Gibraltar based companies if I am using 3rd party such as CCBill, Ibill, Jettis etc?
    ICQ: 316365783
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    • corvette
      Confirmed User
      • Oct 2001
      • 7880
      #2
      FYI, CCBillEU can process for Gibraltar companies.

      Gibraltar is in the Visa EU region. A complete list of Visa regions is here

      Let me know if i can be of any help
      If you need a good company for check writing services, then check out checkissuing, and for webhosting, check out Phoenix NAP

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        • p00p
          Confirmed User
          • Dec 2002
          • 5125
          #3
          Originally posted by corvett
          FYI, CCBillEU can process for Gibraltar companies.

          Gibraltar is in the Visa EU region. A complete list of Visa regions is here

          Let me know if i can be of any help
          Thanks corvett. I will be hooking up CCBill soon....
          ICQ: 316365783
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            • Shoplifter
              Richest man in Babylon
              • Jan 2002
              • 5880
              #4
              Gibraltar is the best...you are in the EU visa region but not in the EU itself so none of this looming VAT disaster.

              Poop can you email me so we can compare some notes on all this?

              shoplifter at bukkake.ru

              I Like Blondes

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                • Hansm
                  Confirmed User
                  • Jun 2002
                  • 871
                  #5
                  pay me 250$ onetime and you can use my company

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                    • roly
                      Confirmed User
                      • Aug 2002
                      • 1844
                      #6
                      Originally posted by Shoplifter
                      Gibraltar is the best...you are in the EU visa region but not in the EU itself so none of this looming VAT disaster.

                      Poop can you email me so we can compare some notes on all this?

                      shoplifter at bukkake.ru
                      I could be wrong, but gibralatar is in the EU i think. I'm not sure if it comes 100% under british rule or not, but i'm sure it's in the EU

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                        • Gary
                          Confirmed User
                          • Aug 2001
                          • 6110
                          #7
                          who you using to set it up?

                          Up to 35$ per join...!

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                            • Hansm
                              Confirmed User
                              • Jun 2002
                              • 871
                              #8
                              Be smart man, i dont have anything to say anymore, a friend of me had the same problem, he is using my company now and the wire transfers are going to him, so no paper work for me or tax problems, and everything was solved for 0$ and not much work, only 3 emails.

                              So i hope you have a friend with a company in the EU?

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                                • XYCash
                                  Confirmed User
                                  • Jun 2003
                                  • 582
                                  #9
                                  Originally posted by roly


                                  I could be wrong, but gibralatar is in the EU i think. I'm not sure if it comes 100% under british rule or not, but i'm sure it's in the EU
                                  Even if it's not in the Eu they still have to pay VAT if they sell to EU customers...that is what the July 1st VAT is all about
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                                    • p00p
                                      Confirmed User
                                      • Dec 2002
                                      • 5125
                                      #10
                                      Originally posted by Shoplifter
                                      Gibraltar is the best...you are in the EU visa region but not in the EU itself so none of this looming VAT disaster.

                                      Poop can you email me so we can compare some notes on all this?

                                      shoplifter at bukkake.ru
                                      I'll e-mail you tomorrow. I'm on dialup now and these pages take about 5min to load....
                                      ICQ: 316365783
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                                        • p00p
                                          Confirmed User
                                          • Dec 2002
                                          • 5125
                                          #11
                                          Originally posted by Hansm
                                          Be smart man, i dont have anything to say anymore, a friend of me had the same problem, he is using my company now and the wire transfers are going to him, so no paper work for me or tax problems, and everything was solved for 0$ and not much work, only 3 emails.

                                          So i hope you have a friend with a company in the EU?
                                          I know nobody in the EU. I am going to open my own company...
                                          What problems did your friend have? Where is he from?
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                                            • p00p
                                              Confirmed User
                                              • Dec 2002
                                              • 5125
                                              #12
                                              Originally posted by Gary
                                              who you using to set it up?
                                              Right now I am communicating with www.insad.ca
                                              Unfortunately they are working with their European branch and the time difference causes delays. I am just trying to find out how much this company charges, how long it takes, and tax implications, yearly fees etc. A member of GFY already used them to set up a US corp with no problems.

                                              If that doesn't work out, I also contacted www.waterlow.com but they haven't replied yet.
                                              ICQ: 316365783
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                                                • Webby
                                                  Too lazy to set a custom title
                                                  • Oct 2002
                                                  • 14956
                                                  #13
                                                  roly:

                                                  I could be wrong, but gibralatar is in the EU i think. I'm not sure if it comes 100% under british rule or not, but i'm sure it's in the EU
                                                  Gib is not under British rule. It has a government that appreciates the value of offshore
                                                  XXX TLD's - Another mosquito to swat.

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                                                    • Shoplifter
                                                      Richest man in Babylon
                                                      • Jan 2002
                                                      • 5880
                                                      #14
                                                      Originally posted by XYCash


                                                      Even if it's not in the Eu they still have to pay VAT if they sell to EU customers...that is what the July 1st VAT is all about

                                                      I am on some serious allergy medicine but I am pretty sure this only applies on sales from one VAT EU state to another. For example if you are in the UK and your client is in Austria you must collect VAT.

                                                      Gibraltar is a full member of the E.U. but has a derogation from applying VAT. Gibraltar therefore does not have a VAT system and subsequently Gibraltar companies will be unable to register for VAT in Gibraltar. For V.A.T. purposes Gibraltar is treated as being outside the E.U.

                                                      See: http://www.deloitte.gi/tax.html
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                                                        • Webby
                                                          Too lazy to set a custom title
                                                          • Oct 2002
                                                          • 14956
                                                          #15
                                                          Shoplifter:

                                                          Correct!
                                                          XXX TLD's - Another mosquito to swat.

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                                                            • Groove
                                                              Confirmed User
                                                              • Jan 2003
                                                              • 3852
                                                              #16
                                                              Here's some links you might find useful:

                                                              http://www.gibraltaroffshore.com/
                                                              http://www.offshoregibraltar.com/

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                                                                • psyko514
                                                                  See sig. Join Epic Cash.
                                                                  • Oct 2002
                                                                  • 22366
                                                                  #17
                                                                  two-parter here:

                                                                  first, p00p, will you share the results with us fellow canadians? (things like price, time, etc)

                                                                  and corvett: does CCBillEU have the same interface as CCBill? Same stats area, same affiliate software, etc?
                                                                  Can a Canadian with a European presence process thru CCBillEU and accept US webmasters?

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                                                                    • Webby
                                                                      Too lazy to set a custom title
                                                                      • Oct 2002
                                                                      • 14956
                                                                      #18
                                                                      p00p:

                                                                      If you are looking for a Gib corp.. forget "agents" - go direct to Gib formation agents/lawyers. The rest are just middle men who very often, sadly know very little about what they are selling.
                                                                      XXX TLD's - Another mosquito to swat.

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                                                                        • the indigo
                                                                          Confirmed User
                                                                          • Sep 2001
                                                                          • 2016
                                                                          #19
                                                                          Current Gilbraltar status will change in the future. Tax reform coming soon, maybe they will join the European Union... etc.
                                                                          Last edited by the indigo; 06-11-2003, 08:59 PM.
                                                                          "There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die." -Hunter S. Thompson

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                                                                            • Webby
                                                                              Too lazy to set a custom title
                                                                              • Oct 2002
                                                                              • 14956
                                                                              #20
                                                                              Europe and USA puts a lot of stress on Gilbraltar so they enter the European Union by 2004-5.
                                                                              ??? Considering Gib invested billions into offshore, tis the first I heard they will "enter the EU by 2004-5". There is no plan for this. As for the US putting "stress" on... Gib owes nothing to the US and does not give a fuck. It ain't exactly Grand Cayman

                                                                              But.. yes, eventually offshores can crumble.. but there are another 150 countries waiting to take up the slack.. so life rolls on
                                                                              XXX TLD's - Another mosquito to swat.

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                                                                                • p00p
                                                                                  Confirmed User
                                                                                  • Dec 2002
                                                                                  • 5125
                                                                                  #21
                                                                                  Originally posted by psyko514
                                                                                  two-parter here:

                                                                                  first, p00p, will you share the results with us fellow canadians? (things like price, time, etc)
                                                                                  Sure, I can share what I find out. May take a few weeks as I am not one to jump into things. Like this, anyways....
                                                                                  ICQ: 316365783
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                                                                                    • Paul Markham
                                                                                      Too old to care
                                                                                      • Jun 2001
                                                                                      • 52942
                                                                                      #22
                                                                                      Originally posted by XYCash


                                                                                      Even if it's not in the Eu they still have to pay VAT if they sell to EU customers...that is what the July 1st VAT is all about
                                                                                      WRONG!!

                                                                                      To charge VAT you have to be registered. So how do you register for EU VAT if you live outside the EU?

                                                                                      You have to have a certain turnover, I think it's $50k. You not only charge VAT, you reclaim the VAT you pay out.

                                                                                      This is how myths start on the boards, one guy reads something then everyone repeats it. And before you know it's a fact.



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                                                                                        • the indigo
                                                                                          Confirmed User
                                                                                          • Sep 2001
                                                                                          • 2016
                                                                                          #23
                                                                                          Originally posted by Webby


                                                                                          ??? Considering Gib invested billions into offshore, tis the first I heard they will "enter the EU by 2004-5". There is no plan for this. As for the US putting "stress" on... Gib owes nothing to the US and does not give a fuck. It ain't exactly Grand Cayman

                                                                                          But.. yes, eventually offshores can crumble.. but there are another 150 countries waiting to take up the slack.. so life rolls on
                                                                                          I'm talking about zero taxes... except in the Islands, there's no other choice. In 2 years, I'm sure all european countries will have taxes... including Gibraltar. It's a matter of time. Visa doesn't process for Islands corporations.

                                                                                          USA controls everything, including all that offshore shit. Especially since 911.
                                                                                          "There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die." -Hunter S. Thompson

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                                                                                            • p00p
                                                                                              Confirmed User
                                                                                              • Dec 2002
                                                                                              • 5125
                                                                                              #24
                                                                                              Originally posted by Webby
                                                                                              p00p:

                                                                                              If you are looking for a Gib corp.. forget "agents" - go direct to Gib formation agents/lawyers. The rest are just middle men who very often, sadly know very little about what they are selling.
                                                                                              Can you share some leads? I don't have Gibraltar yellow pages.
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                                                                                                • Groove
                                                                                                  Confirmed User
                                                                                                  • Jan 2003
                                                                                                  • 3852
                                                                                                  #25
                                                                                                  Originally posted by Webby
                                                                                                  Considering Gib invested billions into offshore, tis the first I heard they will "enter the EU by 2004-5". There is no plan for this.
                                                                                                  eurunion.org says:

                                                                                                  Gibraltar entered the European Union in 1973 as a dependent territory in Europe, but was excluded, at the request of the government of Gibraltar, from the common external tariff, the common agricultural policy and value added tax. Gibraltar is NOT part of the EU?s customs territory, according to Article 3 (1) of the Customs Code, as amended. Article 28 of the UK?s Act of Accession exempts Gibraltar from the application of EU laws relating to agricultural policy and the harmonization of turnover taxes (VAT). Gibraltar?s customs revenue is also not part of the revenue of the Community.

                                                                                                  Article 299 (4) of the Treaty Establishing the European Community (Amsterdam Treaty) makes Gibraltar part of the EU: ?The provisions of this Treaty shall apply to the European territories for whose external relations a Member State is responsible.?

                                                                                                  Thus, although part of the Community, Gibraltar is not subject to the full application of EU law and policy. It is effectively treated as a third country as far as trade is concerned. Exports of goods of local (Gibraltar) origin to the Community benefit from the EU?s Generalized System of Preferences (GSP).

                                                                                                  http://www.eurunion.org/legislat/ext...pendencies.htm

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                                                                                                    • Webby
                                                                                                      Too lazy to set a custom title
                                                                                                      • Oct 2002
                                                                                                      • 14956
                                                                                                      #26
                                                                                                      the indigo :

                                                                                                      I'm talking about zero taxes... except in the Islands, there's no other choice. In 2 years, I'm sure all european countries will have taxes... including Gibraltar. It's a matter of time. Visa doesn't process for Islands corporations.

                                                                                                      USA controls everything, including all that offshore shit. Especially since 911.
                                                                                                      Gib has as much taxes as any offshore.. kinda limited to around $160 for annual company maintenance blah. Gib has no intention of "giving away" it's offshore services (same with many other OS jurisdictions).

                                                                                                      Regarding VISA.. well, hell knows what they may do in the future. I dunno what you mean - "Visa doesn't process for Islands corporations." - tis the first I heard of that, and we have serveral "island corps".

                                                                                                      The US controls everything?? I don't think so!! It is a criminal offence for a lawyer or offshore bank to divulge information about a client unless there is a court order to do so - and that is limited to basically money laundering (not tax offences in other jurisdictions!) and drug dealing. So, what does the "USA control"??
                                                                                                      XXX TLD's - Another mosquito to swat.

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                                                                                                        • Webby
                                                                                                          Too lazy to set a custom title
                                                                                                          • Oct 2002
                                                                                                          • 14956
                                                                                                          #27
                                                                                                          p00p:

                                                                                                          Can you share some leads? I don't have Gibraltar yellow pages.
                                                                                                          Hi p00p!

                                                                                                          What I mean't was.. choose a formation agent/lawyer that actually has an address in Gib.

                                                                                                          Here's some stuff:
                                                                                                          http://www.gibraltarian.com/director..._formation.asp
                                                                                                          http://www.gomezco.gi/
                                                                                                          http://www.deloitte.gi/
                                                                                                          http://www.gibland.com/incorp.htm
                                                                                                          http://www.formaco.gi/

                                                                                                          Also Groove mentioned these two:
                                                                                                          http://www.gibraltaroffshore.com/
                                                                                                          http://www.offshoregibraltar.com/

                                                                                                          Contrary to popular myth, offshores as a rule ain't there to rip you off. Lawyers in offshores are well screwed if they care to tarnish their reputations with fraud shit. Anyways, all you want is a couple of papers called a "company" - after that you do whatever you like about banking etc. The directors of an offshore don't need to know your banking arrangements.
                                                                                                          XXX TLD's - Another mosquito to swat.

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                                                                                                            • psyko514
                                                                                                              See sig. Join Epic Cash.
                                                                                                              • Oct 2002
                                                                                                              • 22366
                                                                                                              #28
                                                                                                              how exactly do we get around the fact that the principal of the company has to be a resident in the region we want to process in?

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                                                                                                                • Groove
                                                                                                                  Confirmed User
                                                                                                                  • Jan 2003
                                                                                                                  • 3852
                                                                                                                  #29
                                                                                                                  Originally posted by psyko514
                                                                                                                  how exactly do we get around the fact that the principal of the company has to be a resident in the region we want to process in?
                                                                                                                  Use nominee directors.

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                                                                                                                    • Webby
                                                                                                                      Too lazy to set a custom title
                                                                                                                      • Oct 2002
                                                                                                                      • 14956
                                                                                                                      #30
                                                                                                                      Use nominee directors.
                                                                                                                      You a proud prossessor of some corps Groove?
                                                                                                                      XXX TLD's - Another mosquito to swat.

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                                                                                                                        • Groove
                                                                                                                          Confirmed User
                                                                                                                          • Jan 2003
                                                                                                                          • 3852
                                                                                                                          #31
                                                                                                                          Originally posted by Webby


                                                                                                                          You a proud prossessor of some corps Groove?
                                                                                                                          I was going to partner with a guy in the Dominican Republic some years ago, so we set-up a company in Belize. The business never went ahead, so we let the company lapse.

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                                                                                                                            • psyko514
                                                                                                                              See sig. Join Epic Cash.
                                                                                                                              • Oct 2002
                                                                                                                              • 22366
                                                                                                                              #32
                                                                                                                              Originally posted by Groove


                                                                                                                              Use nominee directors.
                                                                                                                              How exactly does that work? I'm assuming I pay someone to be the CEO of my company? Who provides this service?
                                                                                                                              And what prevents them from "firing" me?

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                                                                                                                                • Groove
                                                                                                                                  Confirmed User
                                                                                                                                  • Jan 2003
                                                                                                                                  • 3852
                                                                                                                                  #33
                                                                                                                                  Originally posted by psyko514
                                                                                                                                  How exactly does that work? I'm assuming I pay someone to be the CEO of my company?
                                                                                                                                  Yes.


                                                                                                                                  Who provides this service?
                                                                                                                                  Whoever sets the company-up can arrange this for you.


                                                                                                                                  And what prevents them from "firing" me?
                                                                                                                                  Usually the directors will each provide you with an undated letter of resignation. There is also no need for them to have any details of your bank accounts.

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                                                                                                                                    • Webby
                                                                                                                                      Too lazy to set a custom title
                                                                                                                                      • Oct 2002
                                                                                                                                      • 14956
                                                                                                                                      #34
                                                                                                                                      psyko514:

                                                                                                                                      How exactly does that work? I'm assuming I pay someone to be the CEO of my company? Who provides this service?
                                                                                                                                      And what prevents them from "firing" me?
                                                                                                                                      Depends on jurisdiction.. this can range from a Power of Attorney to holding all shares... to holding bearer shares.

                                                                                                                                      Na.. in the Gib instance.. you just pay nominee dirs.. as such they must act in accordance to your wishes. They can't "fire" you :-)

                                                                                                                                      The formation agent/lawyer normally provides the nominee services - tis basic stuff. You can order this at the time of ordering the corp.

                                                                                                                                      Regarding security of funds and bank accounts, nominees don't want to know if there are 20 bank accounts or if there are none... and in whatever country. This is not their concern. You alone control all bank accounts.
                                                                                                                                      XXX TLD's - Another mosquito to swat.

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                                                                                                                                        • psyko514
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                                                                                                                                          • Oct 2002
                                                                                                                                          • 22366
                                                                                                                                          #35
                                                                                                                                          Originally posted by Groove
                                                                                                                                          Usually the directors will each provide you with an undated letter of resignation. There is also no need for them to have any details of your bank accounts.
                                                                                                                                          Interesting... thanks for the details!
                                                                                                                                          So this person becomes the CEO of my company which allows me to register with CCBill or whoever. I pay this person $X amount per year. All checks/wires still go to me, even if I'm in Canada.

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                                                                                                                                            • Groove
                                                                                                                                              Confirmed User
                                                                                                                                              • Jan 2003
                                                                                                                                              • 3852
                                                                                                                                              #36
                                                                                                                                              Originally posted by psyko514


                                                                                                                                              Interesting... thanks for the details!
                                                                                                                                              So this person becomes the CEO of my company which allows me to register with CCBill or whoever. I pay this person $X amount per year. All checks/wires still go to me, even if I'm in Canada.
                                                                                                                                              You would have to ask the CC processor whether the checks can be sent to Canada, I do not know. But the companies that set-up offshore companies usually offer a mail forwarding service.

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                                                                                                                                                • psyko514
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                                                                                                                                                  • Oct 2002
                                                                                                                                                  • 22366
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by Webby
                                                                                                                                                  psyko514:



                                                                                                                                                  Depends on jurisdiction.. this can range from a Power of Attorney to holding all shares... to holding bearer shares.

                                                                                                                                                  Na.. in the Gib instance.. you just pay nominee dirs.. as such they must act in accordance to your wishes. They can't "fire" you :-)

                                                                                                                                                  The formation agent/lawyer normally provides the nominee services - tis basic stuff. You can order this at the time of ordering the corp.

                                                                                                                                                  Regarding security of funds and bank accounts, nominees don't want to know if there are 20 bank accounts or if there are none... and in whatever country. This is not their concern. You alone control all bank accounts.

                                                                                                                                                  Excellent... thanks to you too for the info.

                                                                                                                                                  Last question (I hope): Generally how much do these services cost and are they one-time or annual/monthly, etc?

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                                                                                                                                                    • Groove
                                                                                                                                                      Confirmed User
                                                                                                                                                      • Jan 2003
                                                                                                                                                      • 3852
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by psyko514



                                                                                                                                                      Excellent... thanks to you too for the info.

                                                                                                                                                      Last question (I hope): Generally how much do these services cost and are they one-time or annual/monthly, etc?
                                                                                                                                                      This should give you an idea:

                                                                                                                                                      http://www.offshoregibraltar.com/fees.htm

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                                                                                                                                                        • Webby
                                                                                                                                                          Too lazy to set a custom title
                                                                                                                                                          • Oct 2002
                                                                                                                                                          • 14956
                                                                                                                                                          #39
                                                                                                                                                          psyko514:

                                                                                                                                                          So this person becomes the CEO of my company which allows me to register with CCBill or whoever. I pay this person $X amount per year. All checks/wires still go to me, even if I'm in Canada.
                                                                                                                                                          As far as Gib is concerned.. forget the CEO title.. the meaningful one is "director" (this supercedes any CEO stuff). It is the "director/secretary" who have legal responsibility.

                                                                                                                                                          I doubt there is any problem with processors crediting "whatever" bank in whatever country. We have bank accounts in some odd places, but never have any problem. Basically the company can open bank accounts in any country it chooses...
                                                                                                                                                          XXX TLD's - Another mosquito to swat.

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                                                                                                                                                            • spamofon
                                                                                                                                                              Confirmed User
                                                                                                                                                              • Jun 2003
                                                                                                                                                              • 2999
                                                                                                                                                              #40

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                                                                                                                                                                • Groove
                                                                                                                                                                  Confirmed User
                                                                                                                                                                  • Jan 2003
                                                                                                                                                                  • 3852
                                                                                                                                                                  #41
                                                                                                                                                                  Webby do you know anything about the pros and cons of a Gibraltar Non-resident Company verses an Exempt Company?

                                                                                                                                                                  Fidelity Corporate Services recommends Non-resident because:

                                                                                                                                                                  The Gibraltar Companies (Taxation and Concessions) Ordinance of 1967 provides for two other specialized company types in Gibraltar - the exempt company and the qualifying company. However their future status is somewhat unclear due to a pending dispute over the state aid rules raised recently by the European Union. (This does not concern the non resident companies.)
                                                                                                                                                                  http://www.offshoregibraltar.com/nonresident.htm

                                                                                                                                                                  Do you know anything about this?

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                                                                                                                                                                    • Webby
                                                                                                                                                                      Too lazy to set a custom title
                                                                                                                                                                      • Oct 2002
                                                                                                                                                                      • 14956
                                                                                                                                                                      #42
                                                                                                                                                                      Groove:

                                                                                                                                                                      I'm going blind on this.. need to confirm... but as far as I know the corp that applies to webmasters (unless they live in Gib) is a non resident company. The others don't really apply to net stuff.
                                                                                                                                                                      XXX TLD's - Another mosquito to swat.

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                                                                                                                                                                        • Webby
                                                                                                                                                                          Too lazy to set a custom title
                                                                                                                                                                          • Oct 2002
                                                                                                                                                                          • 14956
                                                                                                                                                                          #43
                                                                                                                                                                          Sorry.. OK... just checked... it is a non resident company that would apply to most here.
                                                                                                                                                                          XXX TLD's - Another mosquito to swat.

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                                                                                                                                                                            • Webby
                                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                                              • Oct 2002
                                                                                                                                                                              • 14956
                                                                                                                                                                              #44
                                                                                                                                                                              It is normal which this type of company to have nominees who are not residents of Gib... often "borrowed" from other OS juridictions.. so at the end of the day, all that actually exists in Gib is an entry in the Companies House records... and the Gib govt collect an annual fee for the priviledge :-)
                                                                                                                                                                              XXX TLD's - Another mosquito to swat.

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                                                                                                                                                                                • psyko514
                                                                                                                                                                                  See sig. Join Epic Cash.
                                                                                                                                                                                  • Oct 2002
                                                                                                                                                                                  • 22366
                                                                                                                                                                                  #45
                                                                                                                                                                                  Originally posted by Groove


                                                                                                                                                                                  This should give you an idea:

                                                                                                                                                                                  http://www.offshoregibraltar.com/fees.htm
                                                                                                                                                                                  So we're looking at about $535 US to set it up, $260 US a year to run it and the $750 Visa fee on top.

                                                                                                                                                                                  Not too shabby. I'm definetly going to look more into this.

                                                                                                                                                                                  Thanks Groove and Webby for all the answers. I really appreciate it!

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                                                                                                                                                                                    • p00p
                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                      • Dec 2002
                                                                                                                                                                                      • 5125
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by psyko514


                                                                                                                                                                                      So we're looking at about $535 US to set it up, $260 US a year to run it and the $750 Visa fee on top.

                                                                                                                                                                                      Not too shabby. I'm definetly going to look more into this.

                                                                                                                                                                                      Thanks Groove and Webby for all the answers. I really appreciate it!
                                                                                                                                                                                      Dude, there's no Visa fees in Europe. No yearly Visa fees, either.
                                                                                                                                                                                      And, you can use as many EU processors so you can have backups without having to pay each company $750. Knock the $750 off your total.
                                                                                                                                                                                      ICQ: 316365783
                                                                                                                                                                                      <a href="http://www.hostultra.com/~p00p" target="_blank">TEST</a>

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                                                                                                                                                                                        • Webby
                                                                                                                                                                                          Too lazy to set a custom title
                                                                                                                                                                                          • Oct 2002
                                                                                                                                                                                          • 14956
                                                                                                                                                                                          #47
                                                                                                                                                                                          psyko514:

                                                                                                                                                                                          So we're looking at about $535 US to set it up, $260 US a year to run it and the $750 Visa fee on top.
                                                                                                                                                                                          What VISA fee? The EU.. least from what I know at the moment, does not apply any VISA fees. Course, that could change sometime!

                                                                                                                                                                                          That is part of the reason we have a "face" in the EU.. there is no need for the sperm count and DNA test....
                                                                                                                                                                                          XXX TLD's - Another mosquito to swat.

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                                                                                                                                                                                            • Groove
                                                                                                                                                                                              Confirmed User
                                                                                                                                                                                              • Jan 2003
                                                                                                                                                                                              • 3852
                                                                                                                                                                                              #48
                                                                                                                                                                                              I was under the impression that you could use either Exempt or Non-resident if you do not have a business presence in Gibraltar. And Qualifying if you do have a presence in Gibraltar (note, you can not however sell to Gibraltar resdents).

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                                                                                                                                                                                                • Webby
                                                                                                                                                                                                  Too lazy to set a custom title
                                                                                                                                                                                                  • Oct 2002
                                                                                                                                                                                                  • 14956
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  Sorry Groove.. I am only familiar with the non resident corp... we looked at the others, but from what I remember, there seemed to be more record keeping involved and it was not a "true offshore". But this was a few years back - it may have changed a bit.
                                                                                                                                                                                                  XXX TLD's - Another mosquito to swat.

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                                                                                                                                                                                                    • psyko514
                                                                                                                                                                                                      See sig. Join Epic Cash.
                                                                                                                                                                                                      • Oct 2002
                                                                                                                                                                                                      • 22366
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      Excellent... I wasn't 100% if there's a EU fee or not.

                                                                                                                                                                                                      When I make my first million, I'll send you all some cookies.

                                                                                                                                                                                                      Bad Girl Bucks                                                                                                                                                                                                       - 50% Revshare through CCBill.
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